The engineering sector is a cornerstone of global economic development, driving innovation, infrastructure, and technological progress. Encompassing diverse fields such as civil, mechanical, electrical, software, and environmental engineering, this sector plays a vital role in designing and building solutions that address global challenges. In 2024, the global engineering industry was valued at approximately $2.3 trillion, contributing around 2.4% of global GDP, and employing over 50 million professionals, including engineers, technicians, and project managers.

The sector is projected to grow at a CAGR of 5.5%, reaching $3.2 trillion by 2030, fueled by increasing investments in infrastructure, renewable energy, urbanization, and advanced technologies like AI and robotics. Key players include China, leading in construction and manufacturing engineering; the United States, excelling in innovation and high-tech engineering; and Germany, renowned for precision and automotive engineering. This sector continues to be a driving force behind industrial growth and economic sustainability worldwide.